It has been some time now since the Italian car maker, Fiat, launched a new car in the Indian car market. Grande Punto was the last car that came from Fiat’s stable. Now, Fiat is planning to launch new cars in India.
Fiat is expected to come out with its small car in 2011-2012. It is also supposed that the upcoming small car from Fiat will be priced at Rs 3-4 Lakh. Fiat at present is looking for the many engine options for its small car. The engine options ranges from 900 cc to 1200 cc. This mew small car will be positioned between Tata Nano and the Grande Punto. And it will have a strong competitor in Ford Figo, the upcoming small car from Ford..
Fiat is targeting to sell 2,00,000 cars by 2012 with an aim of reaching a 7-8 per cent market share. Fiat is also planning to bring in LCVs and premium to India. It is expected that the company will launch Light Commercial Vehicles (LCV) in 2012-2014. The company will go on with constructing its network and manufacturing capabilities to produce its own market in India and also a sturdy base for exports of small cars.
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